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Hotel For Sale
Location: Thailand -> Phuket
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Sales proposition
Resort and all other land plots total approx. 29 1/2 Rai:
- THB 500 M
Resort without the 13-1-78 Rai
- THB 420 M
13-1-8 Rai landplot alone
- THB 100 M

Boutique Resort with 41 villas with chanote land titles as described in attachments.
- Officially 5-star rated by TAT, THA since 2005
- Opened on 18.03.2003, Villas completed in November 2003
- Managed by Golden Tulip since 01.01.2010
- 42 villa style guestrooms,
- Architecture by Swiss BIC, Phuket, western building standards, outstanding electrical systems, energy efficient insulated construction
- Highest maintenance standard
- 3 room categories, 27 rooms with outdoor Jacuzzis and outdoor rain showers
- 680 sq. meter swimming pool, inbuilt Jacuzzi, jet streams, 14 waterfalls
- Luxury Spa with 8 beds, private Jacuzzi and two steam saunas, beauty salon
- Fully equipped fitness centre
- Restaurant with Thai and Mediterranean cuisine, indoor and outdoor terrace. Pool bar
- Underground wine cellar
- Lounge bar and meeting facility above lobby
- All back of the house including laundry
- Ayurveda Destination Spa
Potential
- Expansion on remaining undeveloped land in front of the resort and on the resort parcel itself (possible 8 sea view pool villas and 10-20 additional units without sea view)
- Residential development, villas or condos or mixed on 13-1-78 Rai land behind resort.
- Extension of the resort on 13 Rai land, up to 150 additional rooms.

Contact for more information on this hotel for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $12,000,000
Cash Flow:   $7,000,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Several business partners / individuals would like to move on.

Photos

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Hotel For Sale Photo 1 Hotel For Sale Photo 2




Print Listing Id: 700145136
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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